---
title: "Arena Group Secures $97.7 Million Three-Year Term Loan From Renew Group to Refinance Debt"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295843137.md"
description: "Arena Group secured a $97.7 million three-year term loan from Renew Group to refinance debt and support corporate purposes. The facility, effective August 7, 2026, carries a 10% interest rate, matures August 6, 2029, and includes specific financial covenants. It is secured by a first-priority lien on assets and guaranteed by subsidiaries."
datetime: "2026-08-13T20:33:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295843137.md)
  - [en](https://longbridge.com/en/news/295843137.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295843137.md)
generator: "portal-rs"
---

# Arena Group Secures $97.7 Million Three-Year Term Loan From Renew Group to Refinance Debt

Arena Group entered into a secured term loan agreement with Renew Group for $97.691 million to refinance existing obligations and support general corporate purposes. The loan carries a 10.00% annual interest rate, payable quarterly, with seven $1 million principal installments starting Sep 30, 2027, and the balance due at maturity on Aug 6, 2029. It is prepayable without penalty and includes financial covenants such as a minimum 1.20x fixed charge coverage ratio and a maximum 3.5x total net leverage ratio. The facility is guaranteed by subsidiaries and secured by a first-priority lien on substantially all assets.

**Agreement details:**

-   **Agreement type**: Secured term loan facility
-   **Counterparty**: Renew Group
-   **Signed / Effective**: Aug 07 2026 / same
-   **Duration / Termination**: Through Aug 06 2029
-   **Reason**: Refinance debt and bolster liquidity

Original SEC Filing: Arena Group Holdings, Inc. \[ AREN \] - 8-K - Aug. 13, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**